Every material Form 8-K TANDY LEATHER FACTORY INC has filed with the SEC since May 11, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Tandy Leather Factory reported second quarter 2026 results, with revenue of $18.0 million, up 1.5% from 2025, and net income of $0.4 million compared with a net loss of $0.2 million a year earlier. Gross margin rose to 64.8% from 59.5%, but cash fell to $6.4 million at June 30, 2026, from $16.1 million at December 31, 2025, after $6.0 million in dividends and other spending.
Revenue was $18.0 million, up from $17.8 million in the second quarter of 2025.
Operating income was $0.5 million, up 722.9% from 2025; net income was $0.4 million versus a net loss of $0.2 million.
Gross margin was 64.8%, up from 59.5%; net income per share was $0.05 versus a $0.02 loss per share.
Cash and cash equivalents were $6.4 million at June 30, 2026, down from $16.1 million at December 31, 2025, including $6.0 million in dividends paid in Q1 2026.
On June 9, 2026, Tandy Leather Factory's board raised the annual cash retainer for non-employee directors to $20,000, added committee retainers, and accelerated vesting of all unvested RSUs as of that date, and named John Gehre chairman effective the same day. At the June 9 annual meeting, all six director nominees received more votes for than withheld, and shareholders ratified Whitley Penn as auditor for fiscal 2026.
Non-employee director annual cash retainer increased to $20,000, effective with the June 9, 2026 board action
All unvested RSUs as of June 9, 2026 accelerated to vest immediately under the 2023 Stock Incentive Plan
John Gehre appointed Chairman of the Board effective June 9, 2026
Advisory say-on-pay vote: 4,370,852 for and 455,754 against, with 1,420,087 broker non-votes
Tandy Leather Factory reported first quarter 2026 revenue of $19.7 million, up 3.2% from a year earlier, and operating income of $0.4 million, up from $0.3 million. Net income fell to $0.2 million, or $0.03 per share, from $11.6 million in the prior-year quarter, which included a gain from the sale of its headquarters, so shareholders face weaker reported profit even as sales and operating income rose.
Revenue of $19.7 million, up from $19.0 million in the first quarter of 2025
Gross margin of 61.0%, up from 56.3% a year earlier; operating expenses of $11.6 million, up 11.2%
Net income of $0.2 million ($0.03 per share) versus $11.6 million ($1.36 basic per share) in the prior-year quarter, which included the headquarters sale
Cash and cash equivalents of $10.1 million at March 31, 2026, down from $16.1 million a year earlier, after a special dividend of $0.75 per share (about $6.1 million)
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